Jindal Leasefin Limited has submitted a regulatory disclosure to BSE Limited regarding the non-applicability of SEBI Regulation 23(9) for the half year ended September 30, 2026.
The disclosure states that pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions of Regulation 23(9) are not applicable to the company. This exemption is based on the company's financial parameters as of March 31, 2026:
- Paid-up Share Capital: ₹3,00,89,000 (Three Crores and Eighty Nine Thousand)
- Net Worth: ₹5,37,48,314 (Five Crores Thirty Seven Lakhs Forty Eight Thousand Three Hundred and Fourteen)
These figures are below the threshold limits of ₹10 crores for paid-up share capital and ₹25 crores for net worth specified under Regulation 15(2).
As a result, the company is not required to submit "Disclosures of the Related Party Transactions" as mandated by Regulation 23(9) of the Listing Regulations for the half year ended September 30, 2026.
The letter also references that the compliance with corporate governance provisions specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub-regulation 2 of Regulation 46 and Para C, D and E of Schedule V shall not apply to the company under Regulation 15(2).